Farmers National Bank in Walton, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers National Bank - Overview

  • General
  • FDIC Certificate #: 264
    Status: Active
    Federal Reserve ID: 132219
    Bank Holding Company (Regulatory Top Holder): Commonwealth Trust Bancorp, Inc. (RSSDID: 1416541, Location: Walton, KY)
    Date Established: September 01, 1931
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 10654
    FDIC's unique #: 211
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 13447 Dixie Highway, Walton, KY 41094
    County: Kenton
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Lexington
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Cincinnati, OH-KY-IN (#1640)
    Consolidated Metropolitan Statistical Area (CMSA): Cincinnati-Hamilton, OH-KY-IN (#21)
    Combined Statistical Area (CSA): Cincinnati-Middletown-Wilmington, OH-KY-IN (#178)
    Core Based Statistical Area (CBSA): Cincinnati-Middletown, OH-KY-IN (#17140)
    CBSA Metro Statistical Area: Cincinnati-Middletown, OH-KY-IN (#17140)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $84.8 mil
    Equity capital: $7.8 mil
    Deposits held in domestic offices: $76.6 mil
    Return on assets (ROA): 0.16% ($0.1 mil)
    Quarterly return on assets: -0.09% (-$0.1 mil)
    Return on Equity (ROE): 1.70% ($0.1 mil)
    Quarterly return on equity: -0.92% (-$0.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.22% ($186.5 mil)
    Quarterly Pretax return on assets: -0.18% (-$152.6 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 30Total employees (full-time equivalent)
  • $84,765Total assets
  • $2,636Cash and due from depository institutions
  • $282Interest-bearing balances
  • $19,613Securities
  • $5,006Federal funds sold & reverse repurchase agreements
  • $52,830Net loans & leases
  • $880Loan loss allowance
  • $0Trading account assets
  • $2,506Bank premises and fixed assets
  • $644Other real estate owned
  • $340Goodwill and other intangibles
  • $84,765Life insurance assets
  • $1,190All other assets
  • $76,990Total liabilities and capital
  • $76,617Total liabilities
  • $70,909Total deposits
  • $76,617Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $61Trading liabilities
  • $0Other borrowed funds
  • $312Subordinated debt
  • $7,775All other liabilities
  • $7,775Total equity capital
  • $7,775Total bank equity capital
  • $0Perpetual preferred stock
  • $875Common stock
  • $1,752Surplus
  • $5,148Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,530Income earned, not collected on loans
  • $0Earning assets
  • $351Long-term assets (5+ years)
  • $77,731Average Assets, year-to-date
  • $12,864Average Assets, quarterly
  • $83,415Volatile liabilities
  • $82,591Insider loans
  • $53,911FHLB advances
  • $82,137Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,498Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,394Restructured Loans and leases
  • $611Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,625Total interest income
  • $825Total interest expense
  • $2,800Net interest income
  • $56Provision for loan and lease losses
  • $482Total noninterest income
  • $0Fiduciary activities
  • $360Service charges on deposit accounts
  • $0Trading account gains & fees
  • $122Additional noninterest income
  • $3,088Total noninterest expense
  • $1,453Salaries and employee benefits
  • $370Premises and equipment expense
  • $1,265Additional noninterest expense
  • $138Pre-tax net operating income
  • $47Securities gains (losses)
  • $53Applicable income taxes
  • $132Income before extraordinary items
  • $0Extraordinary gains - net
  • $132Net income attributable to bank
  • $0Net charge-offs
  • $132Cash dividends
  • $48Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.74%Yield on earning assets
  • 1.08%Cost of funding earning assets
  • 3.66%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 4.04%Noninterest expense to earning assets
  • 0.12%Net operating income to assets
  • 0.16%Return on assets (ROA)
  • 0.22%Pretax return on assets
  • 1.70%Return on equity (ROE)
  • 1.70%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 116.67%Credit loss provision to net charge-offs
  • 4.04%Efficiency ratio
  • 94,089Assets per employee
  • 2.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.64%Loss allowance to noncurrent loans
  • 34.78%Noncurrent assets plus other real estate owned to assets
  • 3.74%Noncurrent loans to loans
  • 4.71%Net loans and leases to deposits
  • 68.95%Net loans and leases to core deposits
  • 70.27%Equity capital to assets
  • 9.17%Core capital (leverage) ratio
  • 9.13%Tier 1 risk-based capital ratio
  • 13.91%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $83,415Average earning assets
  • $7,746Average equity
  • $76,434Average loans

List of branches

  • 5 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0211Farmers National Bank13447 Dixie Highway, Walton, KY 41094September 01, 1931Full Service Brick and Mortar
    1181422North BranchU.S. Highway 27, Butler, KY 41006December 01, 1980Full Service Brick and Mortar
    3181423Independence Branch2040 Declaration Drive, Independence, KY 41051December 23, 1998Full Service Brick and Mortar
    4433515Farmers National Bank215 West Shelby Street, Falmouth, KY 41040September 27, 2004Full Service Brick and Mortar
    5498646Alexandria Branch7593 Alexandria Pike, Alexandria, KY 41001October 19, 2009Full Service Brick and Mortar

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